Our 2 Cents – Episode #032 Market Forecasting Myths & Mysteries and Revisiting with Tax Deductions Everyone is curious or concerned about how well the stock market will perform this year. But can you really believe everything you hear? After we discuss the market forecasting myths and mysteries, we revisit the list of tax deductions that have disappeared in preparation for the upcoming tax season! Here’s what was covered in this episode: Forget Stock Market Forecasts. They’re Less Than Worthless […]

Our 2 Cents – Episode #031 The SECURE Act Updates and What it Means for Your 401ks, IRAs and RMDs The New Year and new updates to your retirement plan! Today we discuss how the SECURE Act is changing the way you can contribute to your retirement accounts and the new start date to take your RMDs. After that, we converse about all of the tax dollars that the state of Illinois received after the first day of Marijuana being […]

Our 2 Cents – Episode #030 Reviewing Your Retirement Income Plan In honor of our 30th episode today, we take a “deep dive” into reviewing what a retirement income plan really is and how to build one. After our “deep dive,” we come up to the surface to see what new technology Elon Musk and Ford have in store for us. Here’s what was covered in this episode: Special Podcast Deep-Dive Reviewing Your Retirement Income Plan What is a retirement […]

Our 2 Cents – Episode #029 Affects of the Impeachment Trial on the Markets and Budgeting for this Holiday Season Trump’s impeachment trial is leaving everyone with one big question: How is this affecting the markets? Then we jump into spending and saving this holiday and why you need to stay disciplined with your budget. Concluding with a “course correction,” we review today’s top ten most expensive cars in the world! Here’s what was covered in this episode: The Stock […]

Our 2 Cents – Episode #028 Overcharged for Investment Fees and NCAA Athletes Cashing In It’s a cold brisk morning so the heat is on! Caller questions are discussed and answered on investment fees and Medicare options. Then as Gabriel steals the ball back, we get right down to the paint on the court—should students get paid to play? Here’s what was covered in this episode: Daylight Savings Time: These States Want to Make DST Permanent [Yahoo] Caller Question: It’s […]

Our 2 Cents – Episode #027 Chances of a Recession Hit 27% and How Behavioral Finance Plays a Role Today Steve takes the wheel and steals the show! We discuss the big economic “what if?” and how the herding mentality of investors can really pull the markets in one direction. After the heat is over, it’s all about food! Here’s what was covered in this episode:  U.S. Recession Chances Hit 27% Within Next 12 Months: Tracker [Bloomberg] Behavioral Finance: Concepts, […]

Our 2 Cents – Episode #026 Pensions are Freezing, October’s Market Hits, and Funding Retirement vs. College Tuition On today’s “shoe,” GE’s pensions follow United Airlines suit into a deep freeze. Next up is our Monthly Stock Market Review and finally, we talk about the elephant in the room: saving for your retirement or college tuition. Here’s what was covered in this episode:  GE Freezes Worker Pensions—What to Do if Your Employer Changes the Terms of Your Retirement Plan [MarketWatch] […]

Our 2 Cents – Episode #025 FSAs vs. HSAs, Economic Effects of the Rate Cuts, and The Showdown between Men vs. Women’s Retirement Savings In this week’s episode we discuss what FSAs and HSAs are (Flexible Spending Accounts and Health Savings Accounts) and which one could be a better option for you. Then we dive into another one of our Listener’s Questions on after tax contributions and converting to a Roth. Is it quite that simple? Here’s what was covered […]

Our 2 Cents – Episode #024 SGL’s Monthly Market Updates, Twitter to the Mystery Index, and Saving Your Brain On today’s show we introduce our new Monthly Market Summary section to keep you ahead of the curve. Our runner up article showcases just how influential one small tweet can be and then we round our show up on how to keep your brain active in retirement years. Here’s what was covered in this episode:  How to Keep Your 401(k) Running […]